An opportunity cost is what we give up when we choose one option over another.
Every decision has an opportunity cost.
Doing one thing makes us sacrifice the opportunity to do something else of value.
Example: We have one hour of free time a day and our choices are to focus on personal growth or chores – we choose chores - the opportunity cost is the value we would have received from gaining a new perspective or skill.
We can’t have it all. There are no free rides. It all comes with a cost.
Let us consider every decision we make as a trade-off opportunity today.